Ginnie Mae to Allow E-signatures, RON on Loan Mods

November 23, 2021

Due to the COVID-19 pandemic, Ginnie Mae announced it would permit the use of e-signatures and remote online notarizations for loan modification agreements on paper mortgages.

According to the memorandum, the policy is effective immediately. All approved Ginnie Mae Issuers are permitted to use e-signatures when executing loan modification agreements provided that:

  • The promissory note is a paper promissory note bearing a wet signature;
  • The electronically signed loan modification agreement complies with the recording jurisdiction's recordation requirements;
  • The e-closing platform or other system(s) the Issuer uses to obtain and maintain borrowers’ electronic signatures on the loan modification agreement must follow the regulation guidelines, listed on Ginnie Mae’s website
  • The electronically signed loan modification agreement is delivered to the Document Custodian in hard copy or delivered via electronic transmission, bearing evidence of recordation.


Additionally, Ginnie Mae is allowing the use of RON for loan modification agreements subject to requirements outlined in the Digital Collateral Program Guide.

Contact ALTA at 202-296-3671 or [email protected].